secwatch.observer — SEC 8-K summary
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Issuer:     OPKO HEALTH, INC. (OPK)
CIK:        0000944809
Form:       8-K
Filed at:   2025-04-01T23:59:59+00:00
Accession:  0001437749-25-010494
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 3.02
LLM model:  deepseek-v4-flash:cloud@v2

OPKO Health exchanges $159.2M convertible notes for 121.4M shares and $63.5M cash
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- Exchanged $152.5M (Mar 27) plus $6.75M (Mar 28) of 3.75% Convertible Senior Notes due 2029.
- Issued 121,437,998 common shares plus $63.5M cash (incl. accrued interest) in exchange.
- Closing occurred April 1, 2025; all exchanged notes retired and no longer outstanding.
- Shares issued without registration, relying on Section 4(a)(2) exemption.
- Noteholders represented QIB or accredited investor status for the exemption.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/944809/000143774925010494/0001437749-25-010494-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/944809/000143774925010494/opk20250331_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-010494

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer